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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (2142)3/6/2001 4:28:58 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
Rumor Mill : Nasdaq slipping into the close. One of the reasons being given for retreat is selloff in JDS Uniphase (JDSU 28 -5/16), which is being impacted by rumors of an earnings warning. Similar speculation hitting Nokia (NOK 25.5 -0.5).

Amazon.com (AMZN) 12 1/4 -3/8 (-3%): -- Update -- Issue comes under extremely heavy selling pressure. Hearing from traders that selloff sparked by Dow Jones headline that Amazon/Wal-Mart alliance reported in the Sunday Times is not likely to happen anytime soon